Ways to Give
Wills and Living Trusts
By adding a simple sentence to your will or living trust, a gift designated either as a specific amount or a specific percentage of your estate can be made for the benefit of St. Francis High School.
Beneficiary Designations
Naming St. Francis High School as a beneficiary of a life insurance policy or IRA allows you to make a legacy gift to St. Francis High School.
Charitable Remainder Trusts
If you have a sizable estate, and are interested in receiving regular income, a charitable remainder trust offers benefits of tax deductions and options for income. Generally speaking, when a donor sets up a charitable remainder trust, they receive the income generated by the trust during their lifetime and the charity receives the principal at the end of the trust term.
Donor Advised Funds
Think of a donor advised fund as a charitable spending account where you can suggest how much and how often gifts are made to St. Francis High School.
IRA Charitable Roll Over/Qualified Charitable Distribution
Taxpayers age 70 ½ or older can transfer up to $100,000 annually from their IRA directly to a charity without recognizing the distribution as income.